Egypt Currency Squeeze Sinks Bank Foreign Buffers to New Low
Net foreign assets held by Egypt’s commercial banks went into a record deficit in June, as a lack
2023-08-02 16:49
India’s Unemployment Rate Falls in July Due to Farm Demand
India’s overall unemployment rate fell in July as rural areas saw increased demand for agriculture labor with the
2023-08-02 16:26
UK Should Streamline EU’s Key ESG Test, Advisory Group Says
A cornerstone of the European Union’s sustainable finance package should be streamlined by the UK to make it
2023-08-02 16:16
Australia Could Extend TikTok Ban to WeChat, Senate Report Says
Australia should consider extending a ban on TikTok from government devises to include WeChat, a panel of lawmakers
2023-08-02 15:58
Turkey’s Debt Ratings Hinge on Erdogan’s Policy Follow-Through
Credit-rating companies are facing a pivotal moment as Turkish President Recep Tayyip Erdogan takes on a new, more
2023-08-02 15:52
Taiwan Investigates Suspected Leak of Security Secrets to China
Taiwan launched an inquiry into several officers suspected leaking of military secrets to China, a case that highlights
2023-08-02 13:57
US Ratings Downgrade Casts Spotlight on AAA Ones Standing
The fallout from Fitch Ratings’ downgrade of the US puts the focus on the countries still holding onto
2023-08-02 12:57
BOJ’s Key Policy Architect Says YCC Shift Doesn’t Mean Exit
Deputy Governor Shinichi Uchida said that the Bank of Japan is far from an exit or raising its
2023-08-02 11:50
Summers, El-Erian Pile Criticism on Fitch US-Downgrade Decision
Prominent economists Larry Summers and Mohamed El-Erian joined a cohort of their peers in criticizing Fitch Ratings’ decision
2023-08-02 11:27
Analysts Say US Dollar’s Drop on Fitch Downgrade Unlikely to Persist
Investors will continue to scoop up Treasuries despite Fitch Ratings’ move to cut the US’ credit rating although
2023-08-02 10:58
China Moves to Roll Out Pro-Growth Policies as Economy Struggles
China is turning its focus to rolling out various policy promises to help spur the economy’s recovery as
2023-08-02 10:50
Treasuries Edge Up as Haven as Fitch Downgrade Spurs Volatility
US Treasuries drifted higher after Fitch Ratings stripped the US of its top-tier sovereign rating, spurring modest demand
2023-08-02 10:46